According to Article 2's statute of frauds provision, all written contracts under the UCC must specify all terms of the contract.
a. True
b. False
Indicate whether the statement is true or false
Question 2
An offer that has unclear major terms, or is missing important terms:
a. can be the basis for an implicit, but not express, contract b. can be the basis for an express, but not implicit, contract c. cannot be the basis for a contract
d. makes the offeror liable if not executed properly e. makes the offeree liable if not executed properly